Daily news

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    GVC Holdings has announced a year-on-year increase in loss after tax for 2019, despite also reporting a 2.3 % proforma rise in net gaming revenue during the year.

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    Italy-facing retail and online gaming operator SKS365 has announced the appointment of Massimiliano Mura as its new director legal and compliance.

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    The International Betting Integrity Association (IBIA) has warned that plans to restrict betting on rule violations in Sweden, runs the risk of pushing players to offshore operators and in turn actually increasing the threat posed by match-fixers.

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    Alabama’s House of Representatives is to run the rule over a new bill that aims to legalise land-based and mobile sports wagering in the US state.

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    H2 Gambling Capital expects the outbreak of the novel coronavirus (Covid-19) to lead to a decline of up to 8% in global gambling gross win in 2020, only the second time annual revenue will have fallen in 20 years.

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    Spanish and Latin America-facing gaming operator Codere has reported a 5.9% year-on-year decline in revenue for 2019, after growth in European markets was offset by a currency fluctuations hitting the contribution from its Argentinean business.

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    The Regional Council of Darmstadt, the body handling Germany’s federal sports betting licensing process, is preparing to take action to stamp out unlicensed activity in the market.

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    Flutter Entertainment has reported a 14.3% year-on-year increase in revenue for 2019, with growth in the US and Australia offsetting declines in its online sports betting and retail businesses.

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    Canadian Conservative Party Member of Parliament Kevin Waugh is sponsoring a bill that aims to legalize single event sports betting across the country. 

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    William Hill has set out how it plans to grow into a “digitally led, internationally diverse business of scale”, with a focus on growing revenue, improving operational efficiency and scale, underpinned by a competitive customer offering and agile team.

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    William Hill’s efforts to mitigate the effects of the £2 fixed odds betting terminal (FOBT) stake cap impacted the operator’s results for a second year in 2019.

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    The Regional Council of Darmstadt, the Hessian body responsible for handling the federal sports betting licensing process, has revealed that 30 operators have now filed their applications.

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    The Betting and Gaming Council (BGC), the representative body for the UK gambling industry introduced in 2019, has appointed Kevin Schofield as director of communications and digital.

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    The Spanish government has published its long-awaited overhaul of gambling advertising regulations as it bids to significantly reduce the public’s exposure to gambling promotions.

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    Nigeria’s National Lottery Regulatory Commission (NLRC) has awarded sports betting licences to Betwinner and Bet24hrs, amid efforts to expand the country’s regulated lottery and gaming industry.

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    Sweden’s AB Trav och Galopp (ATG) posted the highest full-year revenue in the company’s history in 2019, though a decline in its core racing vertical and Sweden’s new gaming taxes hit operating profit for the year.

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    The Pennsylvania Gaming Control Board (PGCB) has reported a 16.9% year-on-year rise in gambling revenue for January, aided by growing contributions from igaming and sports betting. 

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    Brazil’s Secretariat of Evaluation, Planning, Energy and Lottery (SECAP) has launched a third consultation on fixed-odds sports betting, heralding a major shift in its approach to regulation of the market and all but certainly delaying the launch of legal sports betting in the country.

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    Denmark’s regulated gambling market reported declines in gross gaming revenue across a number of core verticals, though a strong performance from the online casino vertical allowed the market to post year-on-year growth for 2019.

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    William Hill has announced that Adrian Marsh will join the business as the company’s new chief financial officer later this year, replacing the outgoing Ruth Prior in the role.

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